Adani Group Enters Hospitality Sector with IHG Partnership for Five Hotels in India
Adani enters hospitality biz with IHG hotel pact for five hotels across four Indian cities
The Economic TimesImage: The Economic Times
Adani Airport Holdings Ltd (AAHL) has partnered with IHG Hotels & Resorts to develop five hotels in Jaipur, Navi Mumbai, Mangaluru, and Thiruvananthapuram, totaling nearly 1,500 rooms. This marks Adani's entry into the hospitality sector, focusing on premium lifestyle brands to meet rising demand in India's travel market.
- 01Adani Airport Holdings Ltd (AAHL) signs a management agreement with IHG Hotels & Resorts.
- 02Five hotels will be developed across four cities: Jaipur, Navi Mumbai, Mangaluru, and Thiruvananthapuram.
- 03The portfolio includes a Kimpton hotel and Holiday Inn properties.
- 04The initiative supports Adani's vision of creating integrated urban hubs around airports.
- 05The partnership aims to cater to the growing demand for premium hospitality in India.
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Adani Airport Holdings Ltd (AAHL) has entered the hospitality sector by signing a management agreement with IHG Hotels & Resorts to develop five hotels across four Indian cities: Jaipur, Navi Mumbai, Mangaluru, and Thiruvananthapuram. The project will feature nearly 1,500 rooms, including a Kimpton hotel in Jaipur and several Holiday Inn and Holiday Inn Express properties. This move is part of Adani's strategy to create airport-led mixed-use developments that integrate hospitality, retail, and commercial infrastructure. The collaboration signifies IHG's entry into the Indian market with its luxury lifestyle brand, responding to the rising demand for premium hospitality in India's expanding travel sector. Adani Enterprises director Pranav Adani emphasized the partnership's alignment with the group's vision to enhance travel experiences and support long-term economic growth. IHG managing director Sudeep Jain noted the strong demand for hospitality services in key gateway cities and transit hubs.
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The development of these hotels is expected to enhance local tourism and create jobs in the hospitality sector.
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